The IDB and the Mastercard Center for Inclusive Growth launch a new Resource Center for Digital Transport
WASHINGTON, D.C. – A new Resource Center for Digital Urban Transport in Latin America has been founded, with the support of the Inter-American Development Bank and the Mastercard Center for Inclusive Growth.

1,166 FINTECH VENTURES HAVE BEEN IDENTIFIED, AN INCREASE OF 66 PERCENT COMPARED TO 2017
The report Fintech en América Latina 2018: crecimiento y consolidación (Fintech in Latin America 2018: Growth and Consolidation), published today by the Inter-American Development Bank and Finnovista, identified 1,166 financial technology startups (Fintech), a rise of 66% since the first study published by the two organizations in 2017.

US$ 85.6 million programme will fund geothermal power and institutional capacity projects in five Eastern Caribbean nations
The Sustainable Energy Facility for the Eastern Caribbean (SEF-Expanded) is designed to reduce the financial, technical, and institutional barriers to geothermal energy development in five Eastern Caribbean nations. It will also aid in institutional strengthening and capacity building for those five governments and in partnering with the Caribbean Development Bank (CDB).

Young people in Latin America and the Caribbean have weak cognitive skills but their socio-emotional abilities are strong, according to the study “Millennials in Latin America and the Caribbean: to work or to study?”
The report, which is the result of research drawing on more than 15,000 people in nine countries, also found a high level of optimism and aspiration in this new generation of workers.
Young people in Latin America and the Caribbean have great potential but it could end u

THE $100 MILLION LOAN IS INTENDED TO SUPPORT RESTORING BARBADOS’ ECONOMIC STABILITY, PROMOTE GROWTH, AND IMPLEMENT REFORMS
Relying upon a $100 million loan from the Inter-American Development Bank (IDB), the Government of Barbados seeks to regain macroeconomic stability, implement fiscal adjustment measures that foster a sustainable fiscal balance in the short and medium term, and protect social spending programs for the most vulnerable Barbadians.

IDB President Luis Alberto Moreno participates in the opening session
BALI, Indonesia - The heads of the leading multilateral development banks (MDBs) meeting at the Global Infrastructure Forum 2018 (GI Forum) today expressed their condolences following the tragic loss of lives and livelihoods in Sulawesi, Indonesia and reaffirmed their commitment to work together to deliver infrastructure that is resilient, inclusive, and sustainable.

Study also urges governments to anticipate consequences of artificial intelligence in labor markets
BUENOS AIRES – Artificial intelligence can facilitate trade negotiations and add one additional percentage point of growth to Latin American and the Caribbean economies, according to a study by the Inter-American Development Bank (IDB).

Backed by 26 Caribbean governments and the private sector, the Accelerator will fast-track investments which support climate action and economic growth
The Inter-American Development Bank announced today that it will partner with the Caribbean Climate-Smart Accelerator to program and implement the additional $1 billion in funds that it pledged for climate smart-investments across the Caribbean region at the Paris One Planet summit on December 12, 2017.

The Inter-American Development Bank is coordinating the Latin American and the Caribbean sessions during the World Water Week in Sweden’s capital, focusing on the need to adopt wastewater reuse practices to meet the region’s present and future water needs
STOCKHOLM, Sweden – Latin America and the Caribbean has the potential to lead a revolution in the management of wastewater as a resource by reusing it in agricultural and industrial activities, and by promoting circular economy models while at the same time striving to meet Sustainable Development Goal

The Inter-American Development Bank (IDB) has opened a call to identify the best practices and experiences in drinking water provision, sanitary network improvements, and sustainable solid-waste treatment in Latin America, the Caribbean and North America.
In its role as coordinator of the World Water Forum’s Process of Regional Dialogue for the Americas to be held in 2018 in Brazil, the IDB is organizing a contest to act as an incentive for fresh ideas to tackle a problem affecting millions of people in the hemisphere.